Volume II
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Chandima Weerakkody Foundation (Incorporation) Act

Arrangement of Sections

1. Short title.

2. Incorporation of the Chandima Weerakkody Foundation.

3. General objects of the Corporation.

4. Corporation to ensure of no conflict with work of Ministry or Department of the Central Government or Province.

5. Management of the affairs of the Corporation.

6. General Powers of the Corporation.

7. Rules of the Corporation.

8. Fund of the Corporation.

9. Audit and accounts.

10. Annual Report.

11. Corporation may hold movable and immovable property.

12. Debts due by and payable to the Foundation.

13. Seal of the Corporation.

14. Property remaining on dissolution.

15. Saving of the rights of the Republic and others.

16. Sinhala text to prevail in case of inconsistency.

5 of 2014.

An Act to incorporate the Chandima Weerakkody Foundation.

[Date of Commencement: 04th March, 2014]

1. Short title.

This Act may be cited as the Chandima Weerakkody Foundation (Incorporation) Act.

2. Incorporation of the Chandima Weerakkody Foundation.

(1) From and after the date of commencement of this Act, such and so many persons as now are members of the Chandima Weerakkody Foundation (hereinafter referred to as the "Foundation”) or shall hereafter be admitted as members of the Corporation hereby constituted, shall be a body corporate with perpetual succession, under the name and style of the Chandima Weerakkody Foundation (hereinafter referred to as the ‘‘Corporation”) and by that name may sue and be sued and shall have full power and authority to have and to use a common seal and to alter the same as its pleasure.

(2) The Corporation shall be deemed to be a voluntary social service organization within the meaning, and for the proposes of the voluntary social services organizations (Registration and Supervision) Act, No. 31 of 1980 and the provisions of that Act, shall apply to and in relation to the management of the affairs of the Corporation.

3. General objects of the Corporation.

The general objects for which the Corporation is constituted are hereby declared to be—

(a) to assist financially or otherwise the needy school children to enable them to continue their studies;

(b) to provide assistance to the needy;

(c) to award scholarships to deserving students selected to follow courses in Universities and other Higher Educational Institutions;

(d) to conduct workshops, discussions and seminars to train teachers of daham schools and preschools and to provide incentives to inaugurate preschools with the approval of the relevant provincial educational authorities if so required by law;

(e) to assist in providing wheel chairs, crutches, spectacles and other medical equipment and food to the needy, destitute and sick;

(f) to encourage the under privileged to engage in self employment programmes;

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